I said it during the Senate Aviation Subcommittee hearings on Capitol Hill and now the "new" America Airlines (AA) is proving me correct. The AA/US merger what's-down-is-up and what's-up is-down claim that cutting the number of network airlines from four to three would improve competition is now clearly seen as cynical bald-face misdirection. AA's new line-up service from LaGuardia makes that clear as a bell.

Qantas will cut 1000 jobs and will consider selling Jetstar, its low-cost subsidiary as well as its frequent flyer program.
After pleading over the last two weeks for financial assistance from the federal government, Qantas said in a profit warning on Thursday that the ”challenges we now face are immense.”

The airline will step up cost savings over the next three years, stripping out $2 billion.